IDfy: Funding, Investors & Team (Sep 2026)
IDfy is a people information company helping companies build without fraud where people and businesses can engage with confidence. The company bringing its fraud detection platform to 200 clients across financial services like insurance, fintech, loans, credit cards, payment gateways, and new economy companies such as cab aggregators, tenancy, matrimony keeping them, and their customers safe. IDfy proprietary systems are built on the latest in machine-learning based anomaly detection, machine vision, and identity authentication techniques. These systems catch new and emerging fraud as well as fraud that previously went undetected, keeping our clients, their customers, and employees safe and secure. The company also provides risk and fraud solutions processing half a million people profiles every month for more than 150 companies. These include the best-known names in Fintech, Cryptocurrencies, Insurance, Telecom, E-commerce, Taxi aggregation, and P2P exchanges. IDfy was founded in May 2011 and is headquartered in Mumbai, Maharashtra, India.
IDfy has raised $172M across 2 funding rounds on record, the most recent a Series D of $11.5M announced in Oct 2021.
That round is above the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
IDfy Company Profile and Key Stats
Latest funding round on record: Oct 2021.
IDfy Funding Rounds
IDfy raised $160M in an undisclosed round announced in Aug 2020.
1.2 years later, a Series D of $11.5M was announced in Oct 2021.
IDfy Founders and Leadership Team
Contact details for the IDfy team: 1 of 1 has an email address on file.
Start 14-day free trial →IDfy Funding Compared to Other Artificial Intelligence Startups
IDfy's latest round of $11.5M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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IDfy Funding FAQs
What does IDfy do?
IDfy is a people information company helping companies build without fraud where people and businesses can engage with confidence. The company bringing its fraud detection platform to 200 clients across financial services like insurance, fintech, loans, credit cards, payment gateways, and new economy companies such as cab aggregators, tenancy, matrimony keeping them, and their customers safe. IDfy proprietary systems are built on the latest in machine-learning based anomaly detection, machine vision, and identity authentication techniques. These systems catch new and emerging fraud as well as fraud that previously went undetected, keeping our clients, their customers, and employees safe and secure. The company also provides risk and fraud solutions processing half a million people profiles every month for more than 150 companies. These include the best-known names in Fintech, Cryptocurrencies, Insurance, Telecom, E-commerce, Taxi aggregation, and P2P exchanges. IDfy was founded in May 2011 and is headquartered in Mumbai, Maharashtra, India.
How much funding has IDfy raised?
IDfy has raised $172M across 2 rounds on record. The most recent is a Series D of $11.5M announced in Oct 2021.
When did IDfy last raise funding?
IDfy's most recent funding round on record is a Series D of $11.5M, announced in Oct 2021.
Who is the CEO of IDfy?
Ashok Hariharan is listed as CEO at IDfy.
Where is IDfy headquartered?
IDfy is based in Mumbai, Maharashtra, India.
How many employees does IDfy have?
IDfy is in the 251-500 employee band.
How does IDfy's funding compare to other Artificial Intelligence startups?
IDfy's latest round of $11.5M is above the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.
About FundedIQ's IDfy Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for IDfy is left off this page rather than filled in.
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